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HomeSHARE MARKETThis Stock With Strong Fundamentals Expects 2700 Crore Business; ICICI Holds 16%

This Stock With Strong Fundamentals Expects 2700 Crore Business; ICICI Holds 16%

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Wealth Creation Pick: Recovery was seen in the stock market from lower levels on Wednesday (20 March). Trading started in the market at the green mark. Amidst the ups and downs in the domestic market, a good opportunity is being created for wealth creation. 

The market expert has chosen the real estate sector business Mahindra Lifespace Developers Ltd (NSE: MAHLIFE) as his wealth creation selection.

This stock with strong fundamentals can perform well in the long run. Over the past year, the stock has delivered impressive returns of around 58.

Mahindra Lifespaces: What Is The Expert’s Opinion?

Market expert says that the company has promoters with better governance. This is a stock of Mahindra & Mahindra Group. It is among the most reputable firms in terms of corporate governance.

The entire industry is poised to grow. Big growth is expected from the company’s three divisions IC&IC (Integrated Cities and Industrial Clusters), Mid Premium Housing, and Affordable Housing.

Mahindra Lifespaces has a large land bank that covers over 4000 acres. Other than Jaipur, Chennai, and Ahmedabad in addition to Ahmedabad, Jaipur, and Pune, There is also an extensive area of land situated in Mumbai, Palghar, and Thane.

Pre-sales for Kandivali Phase 1 have crossed Rs 800 crore. A business of 27.00 billion is expected from the three phases of Kandivali.

From this, the business can earn more than 1500 crores. The worth of the land owned by the company exceeds the market cap of 83.00 billion.

He says ICICI Pru, Kotak Mah, HSBC, and Goldman Sachs have a 16% stake in the company. It’s an investor-friendly business. 

The company offered the company a bonus that was 2:1 in September 2021. The selection by Amit Sinha to the position of MD and CEO is a potential major change for the company. 

The expected growth in income is 5 times over the next five years. The company has set a goal of pre-sales of between 8000 and 10000 crore over the next 5 to 7 years.

Mahindra Lifespaces: Earnings Trend

Annual Income (Rs. Crore)

  • 2021– 824
  • 2023 – 2,268
  • 2025 – 3,000
  • 2028 – 8,000-10,000

Mahindra Lifespaces: Expert Targets

The Market expert has provided three goals for Mahindra Lifespaces 1500, 900, and 1500. This is the target for 3-5 years. The real growth in the company will be seen during this period. 

This stock can give 3 times the return in 5 years. It is advisable to do SIP for every 10 percent fall in this stock.

Mahindra Lifespaces: Share Performance

The stock of Mahindra Lifespaces has seen a tremendous rise in the last year. The stock has gained 58 percent over the year. Stock returns have been flat for 6 months. 

There is an increase of 3 percent in the stock in three months. In the first quarter of this year, there is an increase of 100 percent.

Mahindra Lifespace’s 52-week high is 632.80 and its low is 316.10. The market value of the company’s shares on BSE is greater than Rs 85.80 billion.

About Mahindra Lifespace Developers Ltd 

Mahindra Lifespace Developers Limited is an investment firm. It is in property development.

The Company together with its subsidiary companies is involved in the development of residential projects in the value and premium housing segments, as well as in industrial clusters and integrated cities.

Its segments are Projects, Project Management & Development as well as Operating of Commercial Complexes.

The Projects, Project Management & Development segment earns revenue from the selling of residential units within the projects and project administration along with development work in India.

This Operating of Commercial Complexes segment comprises rental income from commercial property located in New Delhi.

It is a service for both householders as well as businesses.

projects: Roots, Vicino, Alcove, Meridian, Happinest Palghar 1, Happinest Palghar 2, Happinest Kalyan 1, Happinest Tathawade, Bloomdale, Luminaire, Aqualily, Lakewood, etc.

Fundamental Analysis of Mahindra Lifespace Developers Ltd

Market Cap₹ 8,279 Cr.
Current Price₹ 535
52-wk High₹ 633 
52-wk Low₹ 316
Stock P/E303
Book Value₹ 113
Dividend0.43 %
ROCE2.09 %
ROE1.78 %
Face Value₹ 10.0
P/B Value4.73
OPM-31.9 %
EPS₹ 1.76
Debt₹ 297 Cr.
Debt to Equity0.17

Mahindra Lifespace Developers Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹540₹576
2025₹580₹605
2026₹612₹645
2027₹650₹687
2028₹690₹721
2029₹732₹750
2030₹752₹787
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Mahindra Lifespace Developers Ltd Shareholding Pattern

Promoters Holding
Dec 202251.30%
Mar 202351.28%
June 202351.20%
Sept 202351.19%
Dec 202351.18%
FII Holding
Dec 202211.07%
Mar 202311.30%
June 202311.45%
Sept 202311.87%
Dec 20238.53%
DII Holding
Dec 202218.96%
Mar 202319.44%
June 202319.86%
Sept 202320.18%
Dec 202323.18%
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Public Holding
Dec 202218.66%
Mar 202317.98%
June 202317.48%
Sept 202316.77%
Dec 202317.10%

Mahindra Lifespace Developers Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 593 Cr
2020₹ 611 Cr
2021₹ 166 Cr
2022₹ 394 Cr
2023₹ 453 Cr

Last 5 Years’ Net Profit:

2019₹ 119 Cr
2020₹ -195 Cr
2021₹ -71 Cr
2022₹ 162 Cr
2023₹ 27 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.11
20200.12
20210.15
20220.16
20230.15

Last 10 Years’ Profit Growth:

10 Years:-13%
5 Years:-20%
3 Years:36%
Current Year:-68%

Last 10 years’ Return on Equity (ROE):

10 Years:4%
5 Years:1%
3 Years:1%
Last Year:2%

Sales Growth Over 10 Years:

10 Years:-2%
5 Years:1%
3 Years:0%
Current Year:-12%

Conclusion

This article is a complete guide about Mahindra Lifespace Developers Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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